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RE: US Government Warming Up to the Blockchain
Great read! Upvoted your article.
A study by the IBM Institute for Business Value (IBV), surveyed 200 government leaders across 16 countries.
Blockchain is mistakenly equated with cryptocurrency. However, considering the lack of control on the cryptocurrencies that boast of processing transactions without intermediaries, governments are more interested in adopting the underlying technology – Blockchain.
Here is an article on Why Use Blockchain in Government Processes?
Benefits of Blockchain Government Initiatives
- Improved Efficiency
- Transparency
- Data Safety
Blockchain Government Use Cases
e-Estonia
Georgia – Land Registry
Georgia – Land Registry
Switzerland – Decentralized Identity
What are your views on this? Always open for discussion.
Blockchain development is simply mentioned records in the systematic way of a decentralized and distributed form of data all over the internet. This decentralized blockchain system is going to change your life from the way you transact business or manage assets, it will transform daily assets that are banks and other financial institutions, hospitals, companies, and government sectors, and others.
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